There is a major push for healthy work environments in big and small businesses alike. Companies of all sizes across various industries are actively improving their employee wellness programmes. But why? What are the benefits of this movement?
Since people spend a significant part of their lives at work, it’s important to understand the effects of work environments on an individual’s health, as it is more far-reaching than most people realise.
1. Increased Productivity
An employee performs at his best when he enjoys his work environment. An office that is dedicated to the wellbeing of the employees should have good energy, and the energy of a healthy working environment can only come from great infrastructure. Since work environments have a direct impact on the psyche, a positive psyche would lead to increased efficiency and productivity by keeping employees focused and more interested in their roles for the expansion of the company.
2. Attracting Better Quality Employees
Companies that strive to create a better work experience for their employees will tend to attract more applicants, which increases healthy competition among applicants. More applicants also mean that there is a larger pool of potential talents and quality employees to choose from.
3. Reduced Turnover
Turnover is expensive. According to a number of studies, losing an employee can cost as much as six to nine months’ worth of salary. A healthy work environment acts as an incentive for employees to stay and progress in the company, which creates more skilled workers. Retaining employees will also help save on the costs of training and recruiting.
4. Reduced Healthcare Costs
Healthy employees spend less money on healthcare and enjoy lower insurance rates. Thus, maintaining a healthy work environment can reduce your business’s healthcare spending long-term.
5. Lower Rates of Absenteeism
Absenteeism reduces overall productivity in the workplace. Employees that are healthy call out sick less and therefore cost less money overall.